{"schema_version":"secwatch.filing_event.v1","accession":"0001437958-23-000024","form_type":"8-K","ticker":"CCB","cik":"0001437958","company_name":"COASTAL FINANCIAL CORP","filed_at":"2023-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.997026+00:00","generated_at":"2026-06-20T07:06:53.982958+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Coastal Financial Q4 net income $13.1M ($0.96 EPS); loans +4.8% to $2.63B","bullets":["Net income $13.1M ($0.96 diluted EPS) vs $11.1M ($0.82) in Q3 2022 and $7.3M ($0.57) in Q4 2021.","Total assets $3.14B; loan growth $119.4M (4.8%) QoQ; CCBX loans up 10.6% to $1.0B.","Deposits decreased 0.7% to $2.82B; community bank deposits down 5.9%, CCBX up 6.4%.","Net interest margin 6.96% vs 6.58% in Q3; total revenue up 15.2% QoQ.","Completed $20M subordinated notes offering Nov 1, 2022; FY 2022 net income $40.6M ($3.01 EPS), up 50.4% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001437958-23-000024","json":"https://secwatch.observer/filing/0001437958-23-000024.json","markdown":"https://secwatch.observer/filing/0001437958-23-000024.md","text":"https://secwatch.observer/filing/0001437958-23-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437958/000143795823000024/0001437958-23-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437958/000143795823000024/ck1437958-20230127.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:06:53.982958+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"58877fb8e79134eafac5d44047ae3f73f173eacb","claim":"COASTAL FINANCIAL CORP reported the three months ended December 31, 2022 results: net income $13.1 million, EPS $0.96 per diluted common share.","evidence_excerpt":"Quarterly net income of $13.1 million, or $0.96 per diluted common share, for the three months ended December 31, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795823000024/0001437958-23-000024-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2022"},{"label":"Net income","value":"$13.1 million"},{"label":"EPS","value":"$0.96 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7ad407d538b37f4e74a82b5726798a11dbf1c72a","claim":"COASTAL FINANCIAL CORP reported the year ended December 31, 2022 results: net income $40.6 million, EPS $3.01 per diluted common share.","evidence_excerpt":"Net income increased $13.6 million, or 50.4%, to $40.6 million for the year ended December 31, 2022, or $3.01 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795823000024/0001437958-23-000024-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Net income","value":"$40.6 million"},{"label":"EPS","value":"$3.01 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}